ELDORADO GOLD CORP (ELD.CA) Stock Fundamental Analysis
TSX:ELD - Toronto Stock Exchange - CA2849021035 - Common Stock - Currency: CAD
We assign a fundamental rating of 7 out of 10 to ELD. ELD was compared to 796 industry peers in the Metals & Mining industry. While ELD belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. ELD has both an excellent growth and valuation score. This means it is growing and it is still cheap. This is a rare combination! These ratings would make ELD suitable for value and growth investing!
1. Profitability
1.1 Basic Checks
In the past year ELD was profitable.
In the past year ELD had a positive cash flow from operations.
In multiple years ELD reported negative net income over the last 5 years.
In the past 5 years ELD always reported a positive cash flow from operatings.
1.2 Ratios
ELD has a Return On Assets of 4.95%. This is amongst the best in the industry. ELD outperforms 89.82% of its industry peers.
Looking at the Return On Equity, with a value of 7.42%, ELD belongs to the top of the industry, outperforming 90.58% of the companies in the same industry.
The Return On Invested Capital of ELD (5.18%) is better than 91.33% of its industry peers.
ELD had an Average Return On Invested Capital over the past 3 years of 2.90%. This is significantly below the industry average of 24.80%.
The last Return On Invested Capital (5.18%) for ELD is above the 3 year average (2.90%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.95% | ||
| ROE | 7.42% | ||
| ROIC | 5.18% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.22%
ROE(5y)-0.31%
ROIC(3y)2.9%
ROIC(5y)3.1%
1.3 Margins
The Profit Margin of ELD (21.86%) is better than 95.73% of its industry peers.
ELD's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 31.77%, ELD belongs to the top of the industry, outperforming 95.23% of the companies in the same industry.
ELD's Operating Margin has improved in the last couple of years.
ELD has a better Gross Margin (38.33%) than 93.22% of its industry peers.
ELD's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 31.77% | ||
| PM (TTM) | 21.86% | ||
| GM | 38.33% |
OM growth 3Y12.58%
OM growth 5Y28.7%
PM growth 3YN/A
PM growth 5Y10.88%
GM growth 3Y7.51%
GM growth 5Y12.76%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so ELD is destroying value.
Compared to 1 year ago, ELD has more shares outstanding
Compared to 5 years ago, ELD has more shares outstanding
Compared to 1 year ago, ELD has a worse debt to assets ratio.
2.2 Solvency
ELD has an Altman-Z score of 1.43. This is a bad value and indicates that ELD is not financially healthy and even has some risk of bankruptcy.
ELD's Altman-Z score of 1.43 is in line compared to the rest of the industry. ELD outperforms 52.01% of its industry peers.
ELD has a debt to FCF ratio of 18.05. This is a negative value and a sign of low solvency as ELD would need 18.05 years to pay back of all of its debts.
The Debt to FCF ratio of ELD (18.05) is better than 89.82% of its industry peers.
ELD has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
Looking at the Debt to Equity ratio, with a value of 0.24, ELD is doing worse than 67.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 18.05 | ||
| Altman-Z | 1.43 |
ROIC/WACC0.64
WACC8.15%
2.3 Liquidity
ELD has a Current Ratio of 3.60. This indicates that ELD is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of ELD (3.60) is better than 67.84% of its industry peers.
ELD has a Quick Ratio of 2.92. This indicates that ELD is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of ELD (2.92) is better than 65.08% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.6 | ||
| Quick Ratio | 2.92 |
3. Growth
3.1 Past
ELD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 90.91%, which is quite impressive.
Measured over the past years, ELD shows a very strong growth in Earnings Per Share. The EPS has been growing by 89.34% on average per year.
ELD shows a strong growth in Revenue. In the last year, the Revenue has grown by 36.90%.
The Revenue has been growing by 16.44% on average over the past years. This is quite good.
EPS 1Y (TTM)90.91%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%3.7%
Revenue 1Y (TTM)36.9%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%37.71%
3.2 Future
Based on estimates for the next years, ELD will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.62% on average per year.
The Revenue is expected to grow by 13.20% on average over the next years. This is quite good.
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue Next Year14.83%
Revenue Next 2Y26.59%
Revenue Next 3Y22.24%
Revenue Next 5Y13.2%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 13.60, which indicates a correct valuation of ELD.
92.21% of the companies in the same industry are more expensive than ELD, based on the Price/Earnings ratio.
ELD is valuated rather cheaply when we compare the Price/Earnings ratio to 26.19, which is the current average of the S&P500 Index.
ELD is valuated cheaply with a Price/Forward Earnings ratio of 7.79.
Based on the Price/Forward Earnings ratio, ELD is valued cheaper than 94.22% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.13, ELD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.6 | ||
| Fwd PE | 7.79 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ELD is valued cheaper than 94.85% of the companies in the same industry.
ELD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. ELD is cheaper than 90.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 79.66 | ||
| EV/EBITDA | 5.78 |
4.3 Compensation for Growth
ELD's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
ELD has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ELD's earnings are expected to grow with 23.36% in the coming years.
PEG (NY)1.47
PEG (5Y)0.15
EPS Next 2Y32.48%
EPS Next 3Y23.36%
5. Dividend
5.1 Amount
No dividends for ELD!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX:ELD (5/29/2025, 7:00:00 PM)
27.61
-0.18 (-0.65%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners85.47%
Inst Owner ChangeN/A
Ins Owners0.55%
Ins Owner ChangeN/A
Market Cap5.67B
Analysts72.86
Price Target30.86 (11.77%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.01%
Min EPS beat(2)1.55%
Max EPS beat(2)4.47%
EPS beat(4)4
Avg EPS beat(4)29.07%
Min EPS beat(4)1.55%
Max EPS beat(4)79.55%
EPS beat(8)8
Avg EPS beat(8)61.79%
EPS beat(12)9
Avg EPS beat(12)22.85%
EPS beat(16)12
Avg EPS beat(16)18.07%
Revenue beat(2)0
Avg Revenue beat(2)-4.44%
Min Revenue beat(2)-8.86%
Max Revenue beat(2)-0.02%
Revenue beat(4)0
Avg Revenue beat(4)-6.79%
Min Revenue beat(4)-13.29%
Max Revenue beat(4)-0.02%
Revenue beat(8)1
Avg Revenue beat(8)-5.54%
Revenue beat(12)1
Avg Revenue beat(12)-8.37%
Revenue beat(16)2
Avg Revenue beat(16)-6.79%
PT rev (1m)13.7%
PT rev (3m)15.49%
EPS NQ rev (1m)-7.01%
EPS NQ rev (3m)-16.7%
EPS NY rev (1m)0%
EPS NY rev (3m)5.22%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.42%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)2.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.6 | ||
| Fwd PE | 7.79 | ||
| P/S | 3.1 | ||
| P/FCF | 79.66 | ||
| P/OCF | 6.36 | ||
| P/B | 1.05 | ||
| P/tB | 1.08 | ||
| EV/EBITDA | 5.78 |
EPS(TTM)2.03
EY7.35%
EPS(NY)3.54
Fwd EY12.83%
FCF(TTM)0.35
FCFY1.26%
OCF(TTM)4.34
OCFY15.73%
SpS8.9
BVpS26.21
TBVpS25.59
PEG (NY)1.47
PEG (5Y)0.15
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.95% | ||
| ROE | 7.42% | ||
| ROCE | 7.75% | ||
| ROIC | 5.18% | ||
| ROICexc | 6.35% | ||
| ROICexgc | 6.49% | ||
| OM | 31.77% | ||
| PM (TTM) | 21.86% | ||
| GM | 38.33% | ||
| FCFM | 3.9% |
ROA(3y)-0.29%
ROA(5y)-0.3%
ROE(3y)-0.22%
ROE(5y)-0.31%
ROIC(3y)2.9%
ROIC(5y)3.1%
ROICexc(3y)3.42%
ROICexc(5y)3.57%
ROICexgc(3y)3.5%
ROICexgc(5y)3.65%
ROCE(3y)4.33%
ROCE(5y)4.63%
ROICexcg growth 3Y24.28%
ROICexcg growth 5Y48.55%
ROICexc growth 3Y24.32%
ROICexc growth 5Y48.58%
OM growth 3Y12.58%
OM growth 5Y28.7%
PM growth 3YN/A
PM growth 5Y10.88%
GM growth 3Y7.51%
GM growth 5Y12.76%
F-Score7
Asset Turnover0.23
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 18.05 | ||
| Debt/EBITDA | 1.37 | ||
| Cap/Depr | 233.01% | ||
| Cap/Sales | 44.92% | ||
| Interest Coverage | 21.11 | ||
| Cash Conversion | 95.62% | ||
| Profit Quality | 17.82% | ||
| Current Ratio | 3.6 | ||
| Quick Ratio | 2.92 | ||
| Altman-Z | 1.43 |
F-Score7
WACC8.15%
ROIC/WACC0.64
Cap/Depr(3y)168.21%
Cap/Depr(5y)144.08%
Cap/Sales(3y)39.34%
Cap/Sales(5y)33.32%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)90.91%
EPS 3Y31.64%
EPS 5Y89.34%
EPS Q2Q%3.7%
EPS Next Y9.23%
EPS Next 2Y32.48%
EPS Next 3Y23.36%
EPS Next 5Y14.62%
Revenue 1Y (TTM)36.9%
Revenue growth 3Y12.02%
Revenue growth 5Y16.44%
Sales Q2Q%37.71%
Revenue Next Year14.83%
Revenue Next 2Y26.59%
Revenue Next 3Y22.24%
Revenue Next 5Y13.2%
EBIT growth 1Y139.13%
EBIT growth 3Y26.11%
EBIT growth 5Y49.86%
EBIT Next Year86.25%
EBIT Next 3Y47.77%
EBIT Next 5Y21.39%
FCF growth 1Y366.54%
FCF growth 3Y-13.74%
FCF growth 5YN/A
OCF growth 1Y68.78%
OCF growth 3Y21.23%
OCF growth 5Y31.25%